18772 Valley Blvd - Fast Food FOR SALE


Bloomington, CA 92316
$2,099,888 USD
626-377-7007
18772 Valley Blvd, Bloomington, CA for Sale
$2,099,888 USD
Fast Food - FOR SALE
1/12
null | 3.86% Cap Rate

18772 Valley Blvd
Bloomington, CA 92316


HIGHLIGHTS

  • Absolute NNN Ground Lease
  • Tenant Fully Renovated in 2019
  • 10% Increases Every 5 years
  • Lease Expires 2039. Tenant Has Expressed Interest in Extending.
  • Next 10% Increase May 2029

OVERVIEW

Taco Bell absolute NNN ground lease opportunity located at 18772 Valley Blvd in Bloomington, California. The property benefits from a highly accessible setting off I-10 near Cedar Avenue, placing it in close proximity to steady regional traffic and a strong concentration of surrounding businesses. This is a hands-off, long-term investment supported by a stable nationwide corporate Taco Bell tenant that has operated at the site since 1998. The ground lease term extends through May 2039, featuring 10% rent increases every five years to provide durable income growth potential. Next 10% increase scheduled for May 2029. Taco Bell has further demonstrated its commitment to the location with an approximately $1.5 million investment to fully remodel the premises in 2019. Bloomington’s broader commercial and logistics demand is supported by major employers and operators in the region, including Amazon, Staples, Union Pacific Rail, Old Dominion Freight Company and Kaiser Permanente.

FOR SALE DETAILS

PRICE

$2,099,888 USD

PRICE/SF

$813 USD /SF

CAP RATE

3.86%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell Absolute NNN Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,683 SF

ZONING

CG

APN/PARCEL ID

0253-072-35

ASK ABOUT THIS PROPERTY

Adam KawasawaFlow PropertiesMore Info
626-377-7007

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Adam KawasawaFlow PropertiesMore Info
626-377-7007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.